NOTCOIN is 💎

XRP Price Prediction: Tests Ahead
The price of XRP has been declining since reaching a year-to-date peak of $0.7440 in March. Despite multiple attempts, the altcoin has not managed to surpass this local high and has instead been trading within a range bound by the low of $0.5643 on February 17 and the high of $0.6686 on March 18 for about a month and a half.

There is a likelihood that XRP’s price will test liquidity at the daily support level of $0.5386. This support level has held firm since February 15 and has been successfully tested multiple times. If the altcoin bounces off this support, it could fill the Fair Value Gap (FVG) on the daily price chart, ranging from $0.6185 to $0.6204.

The red bars below the neutral line on the Moving Average Convergence/Divergence (MACD) indicator support the idea of a liquidity test at this support level.

A daily candlestick closing above $0.6147, which represents the 50% Fibonacci retracement level of the rally from the low of $0.3147 on January 31 to the peak of $0.7440 on March 11, could invalidate the bearish scenario. XRP’s price is likely to encounter resistance at the upper boundary of the FVG at $0.6204 and at the daily resistance level of $0.6686, which has held strong for almost two months

Robert Kiyosaki, author of the renowned personal finance book “Rich Dad, Poor Dad,” predicts $100,000 Bitcoin by September and views the current economic landscape.

Kiyosaki, known for his insights on wealth-building and investment, announced his plans to purchase 10 more Bitcoin before April, emphasizing the upcoming Bitcoin halving as a significant event for potential investors.

He suggests that those who cannot afford a whole Bitcoin might consider buying a fraction of one through the Bitcoin ETFs or Satoshis, hinting at the possibility of owning an entire Bitcoin by year’s end if the process unfolds as expected.

The noted author contrasts his prediction with a recommendation for those less inclined towards Bitcoin to invest in silver, specifically U.S. silver eagles. Citing his friend Andy Schectman, Kiyosaki notes the dwindling supply of silver and highlights the difficulties in acquiring junk silver, referring to pre-1964 U.S. silver coins.

» SHIBA INU (SHIB) PRICE PREDICTIONS: IS THE BULL RUN ABOUT TO CONTINUE?

Shiba Inu (SHIB) Price Predictions: Is The Bull Run About to Continue?
According to some popular analysts, here’s what the future holds for Shiba Inu (SHIB).

TL;DR

Shiba Inu analysts remain optimistic that future peaks are just around the corner.

A possible ascent might be fueled by the asset’s burning program and developments in the Shibarium network.

After a few weeks of trading on the downside, Shiba Inu’s price finally headed north this week, increasing by some 9% in that period.

Numerous analysts are forecasting significant rallies in the near future.

The crypto investor and trader, using the X handle SHIB KNIGHT, examined Shiba Inu’s weekly performance and claimed the token had surpassed an important resistance level. 

The analyst believes people have been accumulating SHIB lately, envisioning new peaks for the valuation should they continue buying at the same pace. 

Earlier this month, Xanrox – an analyst on TradingView – predicted that Shiba Inu would “definitely” take off later this year. 

“Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249,” they added.

The X users JAVON MARKS and Ali also gave their two cents. The former forecasted a triple-digit price increase based on the “massive strength” that SHIB has shown earlier this year. Ali was less bullish, suggesting a 40% surge is more likely.

Two essential factors that could positively impact the meme coin’s value are the successful execution of the burning program and the further advancement of the layer-2 blockchain solution Shibarium. 

Ethereum (ETH)

After a 20% correction, ETH has recovered in a spectacular fashion in the past 24 hours with a 10% price increase. Nevertheless, the weekly chart still shows an 11% loss.

The price successfully tested the support at $3,300 and has since moved above $3,500. The current resistance is found at $4,000, and the last time ETH was there, sellers returned.

Looking ahead, ETH reversed the downtrend, and optimism returned to the market after a difficult start this week. If this cryptocurrency can break above $4,000, then the all-time high at $4,867 could be the next target.

Ripple and US SEC Move to File Documents Under Seal

Ripple Labs and US SEC filed a joint motion to seal key information in the remedies-related briefing, as per latest court filing. Defendants and plaintiff’s attorneys request Judge Torres to approve the proposal as it will ensure prompt, public access to the parties’ briefs, with some redactions.

If granted, some details regarding Ripple’s financial statements and post-complaint XRP institutional sales will remain hidden from XRP army and crypto community. This will impact market sentiment as the potential outcome and end date of the long-running SEC v. Ripple Labs lawsuit to remain uncertain.

Furthermore, the parties have proposed a schedule for redactions after reply briefs to the SEC’s remedies-related opening brief on May 6.

March 22: The SEC files its opening remedies-related brief and supporting declarations and exhibits under seal.

March 25: Parties meet and confer to identify redactions

March 26: The SEC files a public, redacted version of the brief as per redactions requested by parties and third parties

On April 22, which is the deadline for Ripple to file its opposition to the brief, a redacted version of its opposition brief and documents will be filed by Ripple.

Pushd (PUSHD) Presale Gains Traction Among Dogecoin (DOGE) and Binance Coin (BNB) Enthusiasts, Marking the Beginning of a New Chapter

In the ever evolving realm of cryptocurrency, the presale of Pushd (PUSHD) stands out as a pivotal occurrence, drawing the attention of both aficionados and investors, particularly those with an interest in Dogecoin (DOGE) and Binance Coin (BNB). Concurrently, the recent upswing in Binance Coin (BNB) value coupled with a buoyant market outlook has revitalized investor confidence, setting the stage for a surge of interest in projects such as Pushd (PUSHD).

The presale of Pushd (PUSHD) has garnered the interest of supporters from both Dogecoin (DOGE) and Binance Coin (BNB), bringing together a varied community of cryptocurrency enthusiasts keen to explore the possibilities of a decentralized online marketplace built on blockchain technology.

Bitcoin Price Drop Triggers Major Liquidations in Futures Market

Table of Contents

Crypto News

Bitcoin Price Drop Triggers Major Liquidations in Futures Market



SOL



BTC



LINK



REKT



RKT



By COINTURK NEWS

26m ago

•

3 mins read



Table of Contents

Significant Losses in the Futures Market

Prominent Figure Makes Noteworthy Statement

You can also read this news on COINTURK NEWS: Bitcoin Price Drop Triggers Major Liquidations in Futures Market

The past day saw the Bitcoin price fall below $65,000, triggering a wave of liquidations in the futures market. This event caused significant chaos in the cryptocurrency market. The sharp decline affected investors with long and short positions in the futures market, erasing approximately $565 million from the market.

Significant Losses in the Futures Market

The downturn in the crypto market caught investors off guard, resulting in losses exceeding $400 million for this group in just one day. According to data from blockchain data analytics platform CoinGlass, price speculators suffered a total loss of $565 million during this period. Investors with long positions bore the brunt of the losses, totaling $438 million, while those with short positions faced $126 million in liquidations.

Specifically, investors in Bitcoin long contracts took the most significant hit, losing $153 million, followed by Chainlink investors with a loss of $94 million. Investors in Ethereum and Solana also suffered combined losses of over $130 million. This process affected more than 200,000 traders, with over 50% of them operating on the Binance and OKX exchanges.

Pro-XRP lawyer John Deaton confident he can win senate bid, sets $1M campaign goal

Crypto News

Pro-XRP lawyer John Deaton confident he can win senate bid, sets $1M campaign goal



2024



X



X



X

Pro-XRP lawyer John Deaton has claimed he is ready to take on cryptocurrency critic Senator Elizabeth Warren in the Massachusetts Senate race, urging his large crypto-friendly social media following to financially back his campaign.
In a post on X (formerly Twitter), Deaton told his 324,100 followers that he invested $500,000 of his own money into the senate campaign. Deaton shared his optimism he can challenge Warren, even though she's held the position in Massachusetts for 11 years.
“I can win, some people mistakenly believe that Elizabeth Warren cannot be beaten in Massachusetts and it's simply not true.”

I put in $500K of my own money because I know I can win. Please help me get to $1 million by March 31. Donate traditionally or through Crypto because freedom is on the line. https://t.co/qgDX3PTWJQ

— John E Deaton (@JohnEDeaton1) March 15, 2024

The election is scheduled for September 3. Although Deaton has contributed 50% of the campaign funds, he has called on his followers to help raise an additional $500,000, which can be donated in either cash or crypto.

“You must believe in yourself, if I cou self-fund I would, because freedom is on the line. I need your help. I'm trying to raise $1 million by the end of the quarter,” Deaton stated.

On March 4, Cardano founder Charles Hoskinson told his followers that he has donated to Deaton's campaign as the country needs people "willing to take on the establishment against banks writing our laws and destroying the Crypto industry."
Related: Senators pressure SEC’s Gensler not to approve any more crypto ETFs
On Feb. 20, Cointelegraph reported that Deaton officially launched his run for a United States Senate seat in Massachusetts.

With Bitcoin reaching the new ATH, Ethereum, which exceeded $ 4,000, fell to $ 3560 with the last correction.
While the reasons for this decline are wondered, Spot on Chain said in its post that FTX and Alameda Research may be behind the decline in ETH price.
At this point, the platform pointed out that FTX and Alameda frequently transferred Ethereum to Coinbase before the ETH price dropped.
Pointing out that there is a potential correlation between the movements of FTX and Alameda Research and the price dynamics of Ethereum, the platform listed the latest ETH transfers of FTX and Alameda.
“FTX and Alameda wallets seem to frequently sell before the ETH price drops!
Over the past 15 days, FTX and Alameda Research deposited 6,500 ETH (valued at $24.57 million) to Coinbase at approximately $3,780 through 7 transactions.
And after 5 out of 7 transactions, ETH fell.
FTX and Alameda wallets additionally moved 8 altcoins worth $6.26 million during this period: ALI, GAL, TONCOIN, WAVES, OHM, HGET, TLM and MTA.”

Bitcoin Breaks Through Previous Record
Bitcoin’s performance has been on a record-breaking spree, eclipsing its November 2021 high of $69,200. While the anticipated target of $100,000 remains elusive, the cryptocurrency made a strong recovery since its value dip, establishing new records. The latest peak saw Bitcoin momentarily hit above $73,000 before correcting. Despite a slight pullback, trading values remain robust, with Bitcoin quoted at $72,200, reflecting a minor gain.

Ethereum and Solana’s Market Movements
Ethereum continues to exhibit resilience, trading around $4,036 after crossing the significant $4,000 milestone. Solana, on the other hand, is experiencing a downturn, with prices dipping below $150, marking a 2.60% decline. Binance Coin also faces a downtrend, with a marginal decrease positioning its price at $537.

Rising Stars in the Cryptocurrency Space
The Avalanche network’s AVAX token has seen a substantial surge, climbing 10.73% and advancing to the 10th rank in market capitalization, overtaking Shiba Inu. AVAX’s trading volume has soared by 24%, reaching $2.4 billion, while its market cap has concurrently expanded by 10%, now standing at $20.196 billion, reflecting heightened investor interest in the asset.
Overall, the cryptocurrency market continues to demonstrate its dynamic and volatile nature, with various coins experiencing shifts in rankings and value, capturing the attention of investors and enthusiasts alike.

MicroStrategy Shares Spikes After Company Buys 12,000 More BTC.

BlackRock’s BTC ETF Surpasses MicroStrategy’s Bitcoin Reserves

Crypto News

BlackRock’s BTC ETF Surpasses MicroStrategy’s Bitcoin Reserves
In less than two months since the U.S. Securities and Exchange Commission (SEC) greenlit 11 spot Bitcoin exchange-traded funds (ETFs), the BTC ETFs managed by BlackRock have exceeded the total holdings of MicroStrategy, a software and cloud-based services company.
As of March 8, BlackRock’s IBIT holds 197,943 Bitcoin, valued at over $13.5 billion, according to data compiled by the research arm of BitMEX, a cryptocurrency products trading platform. Concurrently, Bitcoin surpassed the $70,000 threshold for the first time since its inception on January 9, 2009.
MicroStrategy, self-proclaimed as the world’s largest corporate holder of Bitcoin, now possesses approximately 193,000 Bitcoin following its acquisition of around 3,000 more BTC in February.
Earlier this year, the business intelligence firm announced its transition into a “Bitcoin development company.” Michael Saylor, the founder and executive chairman of MicroStrategy, characterized this move as “natural,” citing the success of its Bitcoin strategy.

Recently, Saylor expressed a notably bullish outlook, asserting that banks will ultimately be compelled to offer Bitcoin as the world enters the “gold rush era” of the pioneering decentralized cryptocurrency. He highlighted that BTC has initiated a phase of “high growth institutional adoption,” fueled by increased interest in Bitcoin trades, particularly among major clients of the banking system.
Saylor predicted a decline in resistance to Bitcoin at this juncture, envisioning a future where Bitcoin surpasses gold in value and surpasses trade volume compared to S&P index ETFs.
The news of IBIT’s latest achievement coincided with a surge in institutional demand for cryptocurrencies, propelling greater interest in the crypto sector. Lark Davis, a prominent Bitcoin investor, noted on X (formerly Twitter) that over-the-counter (OTC) trading platforms are experiencing a shortage of Bitcoin.

Bitcoin Fuels Enthusiasm

With a nearly 10% rally noted by BTC this week, the world’s first-ever digital currency continued to mirror optimism throughout the cryptocurrency realm as it continued its movement nearing the $70K mark. With pre-halving bullish sentiments orbiting BTC, crypto market enthusiasts expect Bitcoin to scale new heights gradually.

Meanwhile, the token recorded a brief dip this week, coming as a result of a massive crypto market selloff. However, with prominencies like Robert Kiyosaki weighing in on a BTC bull run ahead, accompanied by the successful launch of ETFs and pre-halving positiveness, crypto market enthusiasts expect a further pump imminent.

Bitcoin ETFs BlackRock and Fidelity, on the other hand, recorded a staggering inflow of $900 million this week, showcasing the ETFs’ successful inception and functioning even amid a highly volatile market.

How Will Floki Inu Achieve Its $0.000093 Milestone in 2024?
In the year 2024, the future of Floki Inu (FLOKI) appears to be filled with opportunity as it paves the way for remarkable expansion. The anticipation revolves around the imminent announcements of multiple groundbreaking partnerships and innovative initiatives. Experts predict that FLOKI’s value is poised to exceed the impressive milestone of $0.000093.
This bullish outlook has garnered the attention of crypto enthusiasts, although seasoned investors emphasize a cautious approach. It is advised to await the exit of FLOKI’s relative strength index (RSI) from the oversold territory before making any bullish bets, ensuring a more secure investment strategy within a volatile market.
Given the market’s unpredictable nature, FLOKI is anticipated to maintain a trading range between $0.000069 (the minimum) and $0.000079 (the average). These figures underscore the cryptocurrency’s resilience, even in the face of market fluctuations.

As FLOKI Inu continues to forge strategic partnerships and explore new horizons, the crypto industry’s future seems increasingly promising. The potential for substantial growth and exciting opportunities on the horizon make FLOKI a cryptocurrency to watch in the coming years.

Crypto Investment Scams Surge in the US
The Federal Bureau of Investigation (FBI) has reported that investment fraud involving cryptocurrencies constitutes the largest portion of investment losses in 2023, highlighting it as a significant concern in the US. According to data, investment losses involving cryptocurrencies increased by 53% in 2023 compared to the previous year.

Emphasis on Romance Scams

A recent FBI report indicates that investment losses involving cryptocurrencies jumped from $2.57 billion in 2022 to approximately $3.94 billion in 2023, marking a significant 53% increase. This staggering figure represents about 86% of all investment fraud losses in the country, showing an increase in cryptocurrency-related scams targeting unsuspecting victims.The FBI emphasized that an increasing number of individuals are falling victim to crypto fraud, lured by promises of significant returns on their investments. These scams are often designed to deceive victims with attractive return expectations, but the fraudsters disappear with the collected funds.

Among the most common types of crypto fraud that disturb individuals is romance scamming, where criminals use fake online identities to gain the trust and affection of victims before convincing them to send cryptocurrency, ultimately disappearing without a trace.

In December 2023, Blockchain analytics firm Chainalysis reported that romance scams alone caused a suspected loss of at least $374 million in cryptocurrencies throughout the year. According to data, over 324,000 users fell victim to such scams in 2023, and other methods like phishing scams were used to empty approximately $295 million worth of crypto wallets.

Good News from Binance for Ripple (XRP) INVESTORS
Binance, the world's largest cryptocurrency exchange, continues to expand its options trading.

Binance, which currently offers options trading for Bitcoin, Ethereum and BNB, announced that it will also launch XRP/USDT options for XRP.

Binance announced that it will launch XRP/USDT Options in the Binance Options RFQ on 11.03.2024 at 08:00 UTC.

THORChain’s native token, RUNE, has been on an upward trajectory lately.  According to data from CoinMarketCap, the RUNE token is trading at $7.70, with a 24-hour trading volume of $1,195,463,069. Significantly, RUNE has surged by 27.48% in the last 24 hours.

Bullish Expectations

How Much Is Ethereum Worth?

Today’s Ethereum price is $3,945 with a 24-hour trading volume of $21,293,550,719.Ethereum is up 4.06% in the last 24 hours. The current CoinMarketCap ranking is 2, with a live market cap of $473,171,439,225. It has a circulating supply of 120,109,168 ETH coins and the max. supply is not available.

March 6, the revenue generated by Bitcoin miners surged to an impressive $75.9 million, marking the second-highest earning day in the history of Bitcoin mining. Following previous peaks in miner revenue, Bitcoin experienced a notable price correction, retracing over 23% in the subsequent 11 days. Speculation abounds among analysts regarding the likelihood of a similar correction occurring in response to the recent surge in miner revenue. Despite such conjecture, the price of Bitcoin has remained relatively stable, hovering around $66,815 at the time of reporting.